A battery recycling and repurposing business is opening a new testing site in Warwickshire, thanks to a successful letting that Bromwich Hardy helped to market.
Green Tech Industries Ltd has signed a five year lease on a 3,100 sq ft unit at Sucham Park as a base of operations to disassemble and test battery components.
Sucham Park is a 42,200 sq ft scheme from Warwickshire Property & Development Group (WPDG), which worked with Bromwich Hardy to market the units and secure tenants.
The deal with Green Tech Industries means that nine-unit scheme is now fully let.
Mark Booth, senior surveyor at Bromwich Hardy, said: “We are delighted to have found and agreed a deal with the sixth and final occupier at Sucham Park. The site sets the standards for the future with its impeccable green credentials and will allow all of those occupiers to thrive and grow.”
Tony Booth, chief executive of Green Tech Industries Ltd, founded the business after identifying a gap in the expanding green economy to support businesses with waste and recycling challenges.
Since 2018, he has been investing in the development of processes to strip batteries, repurpose and then recertify the components to sell back into the industry.
Mr Booth, from Coventry, has extensive experience in motorsport and battery technology, including working with Williams Advanced Engineering with setting up a battery factory in Coventry.
He said: “Green technology is one of the fastest growing industries in the UK, but that growth has outpaced the development of a circular economy of the technology.
“While the business already has a base to discharge batteries, our new site at Sucham Park will allow them to be dissembled and tested, before being sent on to be fixed and recertified for a second life.
“Sucham Park is in a strategic location in the middle of the UK and has excellent transport links. It is a secure site and near the automotive supply chain, positioning us well for future growth.”
Green Tech Industries expects to expand its workforce to ten members of staff as it ramps up operations and has agreed a deal for additional office space at Sucham Park to support its growing team.
The development is now home to six businesses that occupy units ranging from 1,900 to 15,000 sq ft in size.